Cyprus finance minister signalizes capital controls to be scrapped early next year

Cyprus finance minister Harris Georgiades said today before the parliament that most of the restrictions on money transfers and withdrawals, imposed on Cypriot banks under the 10 billion euro international bailout in March this year, would be lifted "before the spring" in 2014.
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USD/JPY above 98.00 area on weak exports growth, trade deficit

The USD/JPY is trading above 98.00 level mostly due to the very weak Japanese exports released in the Asian trading session, to the broader recovery of the American dollar ahead of the NFP data tomorrow, as well as due to the trade balance deficit release.
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